by Web Editor | Jul 17, 2017 | News
Homebuilders are quickly feeling the impact of the looming rise in Canadian lumber tariffs, as more homebuilders are concerned about the availability of building materials. According to the May 2017 survey for the NAHB/Wells Fargo Housing Market Index, the...
by Web Editor | Jun 13, 2017 | News
The U.S. Lumber Coalition, a trade group that had been rallying against the extension of the Softwood Lumber Agreement with Canada, came out as expected against the Canadian government’s plan to spend C$867-million in subsidies for Canadian softwood producers...
by Web Editor | Jun 5, 2017 | News
The softwood lumber dispute with the United States could be resolved before the NAFTA renegotiation gets underway in mid-August, says Quebec’s softwood lumber envoy. Raymond Chretien, former Canadian ambassador to the U.S., said Friday he’s optimistic...
by Web Editor | Jun 2, 2017 | News
The Canadian government will give C$867 million (US$642.2 million) in financial support to Canadian lumber producers and exporters to help them withstand the impact of new U.S. tariffs on Canadian softwood exports. In April, Washington imposed preliminary anti-subsidy...
by Web Editor | May 26, 2017 | News
Montreal-based lumber, paper and pulp producer Tembec has received an $807 million US offer to take over the company from Florida-based conglomerate Rayonier Advanced Materials. Jacksonville-based Rayonier is offering Tembec shareholders $4.05 Cdn per share, or 0.2302...